High-Limit Accidental Death & Dismemberment and Catastrophic Cash Insurance

Gallagher Student Health and Special Risk specializes in meeting the insurance needs of risk management and athletic departments for colleges and universities of all sizes.

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All eligible persons are covered- no rosters or name lists required

Who should consider purchasing this type of insurance?

This product provides both Accidental Death & Dismemberment as well as a Catastrophic Cash Benefit. This coverage is ideal for university risk management departments and athletic departments, as well as organizations with a Board of Directors.

Why offer this Plan?

This product provides up to $1,000,000 as a cash benefit for students, staff or Board Members who are involved in a catastrophic accident while taking part in a covered activity, as well as substantial Accidental Death & Dismemberment benefits. If a tragic accident occurs your College or University can be assured that they have purchased the best coverage available to provide benefits for insured's and their families.

Plan Highlights

  • $1,000,000 Catastrophic Cash Benefit
    • $200,000 payable in a Lump Sum
    • $40,000 payable each year for the next 20 years
  • 24-hour coverage or school sponsored and supervised only coverage available
  • High-limit Accidental Death & Dismemberment benefits up to $250,000 per incident with up to a $20 million aggregate maximum
  • All eligible persons are covered- no rosters or name lists required
  • Provided cash benefits could be used to supplement internal limits of the NCAA's catastrophic policy

Benefits to your Institution

  • Protects individuals and families form the medical costs associated with catastrophic injuries
  • Provides families with death benefits during their time of grief
  • Coverage can combat the type of claims submitted to the college or university's general liability insurance policy
  • Complete account management services to make the insurance process simple and seamless for your organization
  • Superior claims service, toll-free customer service number and online claims status

Gallagher Student Health is committed to being the nation's leading full-service independent insurance program administrator for the education community by providing high-quality, customized, and affordable insurance products and related services to the schools, organizations, students and families they serve.